The § 222 deduction for tuition and related expenses is available:
A)Only if the taxpayer itemizes deductions from AGI.
B)To deduct that portion of the tuition in excess of that allowed under the lifetime learning credit.
C)To cover the tuition of a son who does not qualify as taxpayer's dependent.
D)Even if not job related.
E)None of the above.

Question

Quizplus · Accepted Answer

The § 222 deduction for tuition and related expenses is available even if not job-related. It allows taxpayers to deduct up to $4,000 of qualified tuition and related expenses paid for themselves, their spouse or their dependents. This deduction is taken as an adjustment to income, which means that the taxpayer does not need to itemize deductions to benefit from it. Additionally, it can be used in conjunction with other education tax benefits, such as the lifetime learning credit, as long as the expenses being deducted are not being used to claim those other credits.

The § 222 Deduction for Tuition and Related Expenses Is